The Bitcoin ETF Race: Who are the Authorized Participants?
The approval of a Bitcoin spot ETF by the U.S. Securities and Exchange Commission (SEC) is looming, with market confidence at an all-time high. However, one aspect receiving significant attention is the designation of authorized participants in each application. These authorized participants play a crucial role in creating and redeeming shares of the ETF, ensuring sufficient liquidity. So, who are these authorized participants following the financial heavyweights into the Bitcoin ETF race?
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